Georgetown Chamber expects gov’t to avail 20% of contracts for SMEs as provisioned in act

The Georgetown Chamber of Commerce and Industry (GCCI) has signalled its intention to throw its weight behind the provision in the 2004 Small Business Act that binds government to ensuring that the small business sector secures a minimum of 20 per cent of procurement contracts issued by the state.

Vishnu Doerga
Vishnu Doerga

At an event at the Pegasus Hotel on Thursday to mark the launch of its Business Guyana publication, GCCI President Vishnu Doerga said the chamber was seeking a public procurement process that was not only “free from undue interference” but also one “that realizes the promise that 20 per cent of such procurement would be supplied by SMEs.”

In August last year, during the presentation of its 2015 half-year budget, the APNU+AFC administration had signalled its intention to throw its weight behind the creation of an environment in which small and medium-sized enterprises could access a